College students and STI
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My rule of thumb is.. never take out a loan on something that isn't an investment. The STi is not an investment for anyone but the dealer who's selling it to you (especially if you've been roped into a lease).
In 2 years when the paint has gotten scratched up, the body kit is cracked somewhere, the wheels have curb rash and Subaru is releasing a restyling of the Impreza, are you still going to be as crazy about that car as you are right now?
In 4 or 5 years when you're still making payments.. are you still going to want that STi or are you going to want something else?
What's it going to be worth then?
How much $$$ have you thrown at it? Yipes.
In 2 years when the paint has gotten scratched up, the body kit is cracked somewhere, the wheels have curb rash and Subaru is releasing a restyling of the Impreza, are you still going to be as crazy about that car as you are right now?
In 4 or 5 years when you're still making payments.. are you still going to want that STi or are you going to want something else?
What's it going to be worth then?
How much $$$ have you thrown at it? Yipes.
Guest
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i got a question about leasing the car
say i put 10k down on an sti and i start to make my monthly payments after i get the car. Then i graduate medical school and go straight into making plenty of money.
can i pay off the lease in one large sum? or do i have to just pay the payments?
say i put 10k down on an sti and i start to make my monthly payments after i get the car. Then i graduate medical school and go straight into making plenty of money.
can i pay off the lease in one large sum? or do i have to just pay the payments?
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Re: Re: College students and STI
Originally posted by 97itr153
In addition to being able to afford the STI, it is also very important for STI owners to be skilled drivers.
In addition to being able to afford the STI, it is also very important for STI owners to be skilled drivers.
but in reality who think their driving skills can trully match up to what the STi can do.
it's more of a adapting to and understanding the car.
i am for sure i d be scared of my STi for a long time......
monsters on 4 wheels
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Originally posted by mauahah
i got a question about leasing the car
say i put 10k down on an sti and i start to make my monthly payments after i get the car. Then i graduate medical school and go straight into making plenty of money.
can i pay off the lease in one large sum? or do i have to just pay the payments?
i got a question about leasing the car
say i put 10k down on an sti and i start to make my monthly payments after i get the car. Then i graduate medical school and go straight into making plenty of money.
can i pay off the lease in one large sum? or do i have to just pay the payments?
last time i was at this Acura dealer.. they told my friend that he can do that, and there is an alternative.. might be a difference in the rate or fee tho..
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Cool... most of those friends are also $60-$80k into education loans and have to pay those off first. When they started MD school most wanted to specialize in something they were interested in (pediatrics, etc.) but after living with that debt and seeing how much new docs get paid (net)... now they all want to be general surgeons.
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Originally posted by mauahah
i got a question about leasing the car
say i put 10k down on an sti and i start to make my monthly payments after i get the car. Then i graduate medical school and go straight into making plenty of money.
can i pay off the lease in one large sum? or do i have to just pay the payments?
i got a question about leasing the car
say i put 10k down on an sti and i start to make my monthly payments after i get the car. Then i graduate medical school and go straight into making plenty of money.
can i pay off the lease in one large sum? or do i have to just pay the payments?
Keith
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leasing...money down the drain
Do the math..........leasing is a very expensive option......if you know you really want the car, and can afford it, then I'd say buy it outright, even if means taking out a relatively large loan (interest rates are so low at the moment).........if you know you definitely can't afford to buy, and leasing is your only option, then maybe you should go for it, but your enjoyment will be expensive and short-lived (that's if you can afford to lease an STi). In fact, I was looking into leasing a WRX for my wife when they first came out and the lease deals were outrageously expensive....so I declined.
If you're not sure about the car, and are thinking you may buy it at the end of the lease, this is also not a very cost-effective way of buying a car (I know first-hand since I did it this way with my S4).
Will you be able to mod a leased car ? It all depends on your dealer....I modded the S4 with their consent (almot bordering on encouragement !!).........in the end it didn't really matter because I bought it outright....not sure what would happen if you modded and returned the car at the end of the lease; you would probably have to reverse all the mods (could be very expensive unless your very handy at auto DIY).
If you're not sure about the car, and are thinking you may buy it at the end of the lease, this is also not a very cost-effective way of buying a car (I know first-hand since I did it this way with my S4).
Will you be able to mod a leased car ? It all depends on your dealer....I modded the S4 with their consent (almot bordering on encouragement !!).........in the end it didn't really matter because I bought it outright....not sure what would happen if you modded and returned the car at the end of the lease; you would probably have to reverse all the mods (could be very expensive unless your very handy at auto DIY).
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Originally posted by beaverboy
My rule of thumb is.. never take out a loan on something that isn't an investment. The STi is not an investment for anyone but the dealer who's selling it to you (especially if you've been roped into a lease).
In 2 years when the paint has gotten scratched up, the body kit is cracked somewhere, the wheels have curb rash and Subaru is releasing a restyling of the Impreza, are you still going to be as crazy about that car as you are right now?
In 4 or 5 years when you're still making payments.. are you still going to want that STi or are you going to want something else?
What's it going to be worth then?
How much $$$ have you thrown at it? Yipes.
My rule of thumb is.. never take out a loan on something that isn't an investment. The STi is not an investment for anyone but the dealer who's selling it to you (especially if you've been roped into a lease).
In 2 years when the paint has gotten scratched up, the body kit is cracked somewhere, the wheels have curb rash and Subaru is releasing a restyling of the Impreza, are you still going to be as crazy about that car as you are right now?
In 4 or 5 years when you're still making payments.. are you still going to want that STi or are you going to want something else?
What's it going to be worth then?
How much $$$ have you thrown at it? Yipes.
I am in College and I have no $. But if you want the Sti and you have the $ and you know you will have to park it at college then go for it.
If not buy a WRX and put in some $ and parts to make it fast as hell
If not buy a WRX and put in some $ and parts to make it fast as hell
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Originally posted by beaverboy
My rule of thumb is..
Do you know where the saying "Rule of thumb" comes from....Well here's a little bit of UFI for you. The saying rule of thumb comes from way back in the 1800's when men were aloud to beat there wives with a stick as long as that stick was no thicker than the mans thumb, hence the rule of thumb. Way off topic but i had to throw that in there....... for all you guy's who are married you can keep that in your back pocket.........
Dave............
My rule of thumb is..
Do you know where the saying "Rule of thumb" comes from....Well here's a little bit of UFI for you. The saying rule of thumb comes from way back in the 1800's when men were aloud to beat there wives with a stick as long as that stick was no thicker than the mans thumb, hence the rule of thumb. Way off topic but i had to throw that in there....... for all you guy's who are married you can keep that in your back pocket.........
Dave............
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LEASE = BADDDDDDDD NEWS!!!!
over miles fee usually $.10/mile (that's the minimum, i've seen them up to $.20/mile)
short term sucks!!!
leasing is for crappy bizzness cars or three cyliner matchbox cars....you'd be better off to just finance the car over three years...you're payments are the same and in the end you'll own the car. there is no way to win by leasing a car. PERIOD!!!!!
over miles fee usually $.10/mile (that's the minimum, i've seen them up to $.20/mile)
short term sucks!!!
leasing is for crappy bizzness cars or three cyliner matchbox cars....you'd be better off to just finance the car over three years...you're payments are the same and in the end you'll own the car. there is no way to win by leasing a car. PERIOD!!!!!


